The Australian reported BHP Billiton's (NYSE:BHP,ASX:BHP) decision to scale back a $US30 billion ($28.9bn) expansion of its Olympic Dam mine and sell its Yeelirrie uranium deposit cheered uranium executives.
Bloomberg reported BHP Billiton Ltd. (NYSE:BHP,ASX:BHP) said it’s studying spending cutbacks for its uranium project and others as commodity prices continue to fall.
ABC News reported Dr Helen Caldicott says her upcoming visit to Roxby Downs will not be part of an ongoing protest against the proposed Olympic Dam mine expansion.
FNArena.com reports spot uranium took an uplifting in a week as TradeTech’s weekly spot price advances within a week. Buyers and sellers alike were focused on the news of BHP Billiton (BHP) had confirmed to several customers it had declared forced majeure deliveries from its temporarily troubled Olympic Dam mine. For full details of this story, click [...]
By Melissa Pistilli-Exclusive to Uranium Investing News BHP Billiton has announced it is declaring force majeure on its uranium contracts for customers awaiting product from the recently wounded Olympic Dam mine. Earlier this month a mechanical failure in the mine’s main haulage shaft led to an immediate shutdown and there were speculations that the mining [...]
By Melissa Pistilli-Exclusive to Uranium Investing News On Tuesday and Wednesday of this week, Paydirt magazine, an internationally-circulating mining publication, hosted its fourth-annual Uranium Conference in Adelaide, South Australia. The two-day program included nuclear industry leaders, exploration and ining representatives, and government officials coming together to discuss the uranium and nuclear energy industries. Some of [...]
The Daily Telegraph reports BHP has positioned itself to sell uranium to China. “I think we’ve obviously worked very hard in order to make sure we can sell uranium into China,” he told reporters on a conference call. For complete story, click this link. Follow developments in uranium mining and exploration for free. Sign on [...]
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